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This paper aims to argue that markets need a foundation of morality to promote the long-run success of an economy.
Abstract
Purpose
This paper aims to argue that markets need a foundation of morality to promote the long-run success of an economy.
Design/methodology/approach
Three types of ethical theories are discussed and compared with what the sacred scriptures of Islam and Christianity say and with what economic theory says. Examples from China are provided.
Findings
Markets need morality.
Research limitations/implications
There are more religions in the world than just Islam and Christianity; however, space limitations force me to only consider those two religions. Furthermore, there are more countries in the world than just China. However, space limitations force me to only pull examples from China.
Practical implications
Economists should recognize that markets need morality, and they should start teaching that to their students.
Social implications
If markets are built on a foundation of ethics, then society prospers. In the absence of that foundation, societies falter. When a government, business and religious institutions see each other as complementary forces, then ethics can evolve.
Originality/value
The author knows of no other studies that explain the three types of ethical theories, compares those theories to what the sacred scriptures of Islam and Christianity say and to what economic theory says, and then uses examples from China to illustrate the need for morality.
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The purpose of this paper is twofold: first, it seeks to trace the origins of the various strands of postmodernism within German philosophic idealism; traditions of thought which…
Abstract
Purpose
The purpose of this paper is twofold: first, it seeks to trace the origins of the various strands of postmodernism within German philosophic idealism; traditions of thought which placed emphasis – like postmodernism – on a subjective understanding of evidence and a supposed capacity of human consciousness to continually move beyond the bounds imposed by social convention and being; second, this paper states that postmodernism, rooted as it is in philosophic idealism, is methodologically and conceptually constrained. Its emphasis on consciousness and will marginalize its capacity to make meaningful contributions in areas such as economics, and the wider trends in human history.
Design/methodology/approach
This paper is theoretical. It seeks to locate conflicting methodologies – most particularly those relating to postmodernism, positivism and philosophical realism – within the traditions of thought that have emerged since the enlightenment.
Findings
Postmodernism is rooted in philosophical idealism. As such, it places emphasis on consciousness, identity and being. The essential problem with postmodernism, this paper argues, is not this emphasis. These are legitimate areas of inquiry. Rather, the central problem with postmodernist-informed research is found in the limited range of methodological and conceptual tools in its kitbag.
Originality/value
Despite the growing influence of postmodernism in its various shades within academia, few of its proponents and critics trace its philosophic origins. In doing so this paper highlights the strengths and limitations of not only postmodernism but also its polar opposite, positivism.
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Ridley Scott’s 1982 cinematic production of Blade Runner, based loosely on a 1968 story by Philip Dick (Do Androids Dream of Electric Sheep?), is read within a general context of…
Abstract
Ridley Scott’s 1982 cinematic production of Blade Runner, based loosely on a 1968 story by Philip Dick (Do Androids Dream of Electric Sheep?), is read within a general context of critical theory, the purpose being twofold: first, to highlight the film’s fit with, and within, several issues that have been important to critical theory and, second, to explore some questions, criticisms, and extensions of those issues – the dialectic of identity/difference most crucially – by speculations within and on the film’s text. The exploration is similar in approach to studies of specific films within the context of issues of social, cultural, and political theory conducted by the late Stanley Cavell. Interrogations of dimensions of scenarios and sequences of plotline, conceptual pursuit of some implications, and assessments of the realism at work in cinematic format are combined with mainly descriptive evaluations of character portrayals and dynamics as these relate to specified thematics of the identity/difference dialectic. The film puts in relief evolving meanings of prosthetics – which is to say changes in the practical as well as conceptual-semantic boundaries of “human being”: what counts as “same” versus “other”? “domestic” versus “foreign”? “integrity” versus “dissolution”? “safety” versus “danger”? And how do those polarities, understood within a unity-of-opposites dialectic, change, as human beings are confronted more and more stressfully by their own reproductions of “environment” – that is, the perspectival device of “what is ‘text’ and what is context’?” – and variations of that device by direct and indirect effects of human actions, as those actions have unfolded within recursive sequences of prior versions of perspectival device, a device repeatedly engaged, albeit primarily and mainly implicitly, as a “prosthetic that could not be a prosthetic.”
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Hugh T. Miller and Charles Fox
This is a cry: “Let us face reality!” This article builds on Friedrich Nietzsche and argues against transcendental truth, which is the basis of spirituality. Instead, we need…
Abstract
This is a cry: “Let us face reality!” This article builds on Friedrich Nietzsche and argues against transcendental truth, which is the basis of spirituality. Instead, we need merely to face up to the radical contingency of life in a multi-cultured society. The rules of ethics and morality are contextual and they change over time. Standards are not found but our discourse and interaction establish them. We need to recall Promethean, who was the hero of humans against the gods and provided humans with out running start. That is really all we have but that can be enough. In public administration, we need to not look to gods, God, or spirituality; but instead we need to look to what Promethean gave us and face our intractable problems with the spirit of Promethean. We need to reject those that say they have The Truth as they seek to impose their version on us by thrusting under our arm pits crutches, which we do not need.
The purpose of this paper is to circumscribe the various philosophical connections between the classical and the modern notion of corruption from Enlightenment to post-modernity.
Abstract
Purpose
The purpose of this paper is to circumscribe the various philosophical connections between the classical and the modern notion of corruption from Enlightenment to post-modernity.
Design/methodology/approach
The paper analyzed to what extent the classical notion of corruption (Plato, Aristotle and Cicero) still influenced the way philosophers perceived the phenomenon of corruption during the Enlightenment (1625-1832), the transition period (1833-1900) and the post-modernity (1901 onward). Taking those historical periods as reference points, the author will see how literature about historical, social and political conditioning factors of corruption could convey the presence/absence of the classical or the modern notion of corruption.
Findings
The paper finds that the classical notion of corruption implies the degeneration of human relationships (Plato and Hegel), the degeneration of the body-and-mind unity (Aristotle, Pascal and Thomas Mann) or the degeneration of collective morality (Cicero, Locke, Rousseau, Hume and Kant). The modern notion of corruption as bribery was mainly introduced by Adam Smith. Nietzsche (and Musil) looked at corruption as degeneration of the will-to-power. The classical notion of corruption put the emphasis on the effects rather than on the cause itself (effects-based thinking). The modern notion of corruption as bribery insists on the cause rather than on the effects (cause-based thinking).
Research limitations/implications
In this paper, the author has taken into account the main representatives of the three historical periods. Future research could also analyze the works of other philosophers and novelists to see to what extent their philosophical and literary works are unveiling the classical or the modern notion of corruption.
Originality/value
The paper presents a philosophical and historical perspective about corruption. It sheds light on the way philosophers (and sometimes novelists) deal with the issue of corruption, whether it is from an effects-based or from a cause-based perspective.
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Notions of justice and punishment seem inextricably entwined in the oldest conceptual traditions of the West. Changing notions of just state responses to citizen crime can tell us…
Abstract
Notions of justice and punishment seem inextricably entwined in the oldest conceptual traditions of the West. Changing notions of just state responses to citizen crime can tell us much about the culture and the politics of a given society. Yet, often those notions are radically contradictory, mutually exclusive, and/or counterproductive of the goals they seek, together, to achieve in the society.This paper traces a genealogy of punishment rituals practiced in the United States and maps the relationship of reigning ideas of just recompense onto transforming political and cultural realities. This paper highlights the multiple paradoxes that have arisen in the U.S. in the attempt to visualize and realize appropriate and just punishment practices in the state.
Industry 4.0 or the Fourth Industrial Revolution is characterized by robotic process automation and machine-to-machine communications. Since computers, machines, and robots share…
Abstract
Industry 4.0 or the Fourth Industrial Revolution is characterized by robotic process automation and machine-to-machine communications. Since computers, machines, and robots share information and knowledge more swiftly and effectively than humans, the question is what human beings' role could be in the era of the Internet-of-Thing. The answer would be beneficial to institutions for higher education to anticipate. The literature reveals a gap between the intended learning outcomes in higher education institutions and the needs of employers in Industry 4.0. Evidence is shown that higher education mainly focused on knowledge (know-what) and theory-based (know-why) intended learning outcomes. However, competent professionals require knowledge (know-what), understanding of the theory (know-why), professional (know-how) and interpersonal skills (know-how and know-who), and need intrapersonal traits such as creativeness, persistence, a result-driven attitude et cetera. Therefore, intended learning outcomes in higher education should also develop interpersonal skills and intrapersonal characteristics. Yet, personality development is a personal effort vital for contemporary challenges. The history of the preceding industrial revolutions showed the drawbacks of personality and character education; politicians have abused it to control societies in the 19th and 20th centuries. In the discussion section, the institutions for higher education are alerted that the societal challenges of the twenty-first century could lead to a form of personality education that is not in the student's interest and would violate Isaiah Berlin's philosophical concept of ‘positive freedom’.
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